FOR vs. VIRC

Last updated Aug 1, 2026

FOR (Forestar Group Inc.) and VIRC (Virco Mfg. Corporation) are both stocks. FOR operates in Real Estate - Development (Real Estate), while VIRC operates in Furnishings, Fixtures & Appliances (Consumer Cyclical). Over the past 10 years, FOR returned 9.36%/yr vs 4.21%/yr for VIRC. Their 0.10 correlation means their historical movements had little consistent relationship.

Performance

FOR vs. VIRC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Forestar Group Inc. (FOR) and Virco Mfg. Corporation (VIRC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FOR achieves a 14.29% return, which is significantly higher than VIRC's -4.53% return. Over the past 10 years, FOR has outperformed VIRC with an annualized return of 9.36%, while VIRC has yielded a comparatively lower 4.21% annualized return.

FOR

• 1D: -2.16%
• 1M: -8.60%
• 6M: 8.19%
• YTD: 14.29%
• 1Y: 11.93%
• 3Y*: -2.90%
• 5Y*: 6.58%
• 10Y*: 9.36%
• ALL TIME*: 1.33%

VIRC

• 1D: 0.83%
• 1M: -4.42%
• 6M: -12.73%
• YTD: -4.53%
• 1Y: -21.35%
• 3Y*: 12.57%
• 5Y*: 13.43%
• 10Y*: 4.21%
• ALL TIME*: 0.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FOR Forestar Group Inc.	$4.66M	$4.37M	$4.26M
VIRC Virco Mfg. Corporation	$259.93K	$231.80K	$430.22K

FOR vs. VIRC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FOR Forestar Group Inc.	14.29%	-4.98%	-21.62%	114.60%	-29.15%	7.78%	-3.21%	50.54%	-37.05%	65.41%
VIRC Virco Mfg. Corporation	-4.53%	-36.87%	-14.16%	166.63%	50.17%	18.97%	-40.33%	6.00%	-19.68%	17.81%

Correlation

The correlation between FOR and VIRC is 0.33, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.33
Correlation (3Y) Balances recent behavior with more history.	0.32
Correlation (5Y) Shows whether the relationship held over a longer period.	0.23
Correlation (10Y) Provides a long-term view across more market conditions.	0.14
Correlation (All Time) Calculated using the full available price history since Dec 13, 2007	0.10

Over the past year, FOR and VIRC have become more correlated (0.33) than their long-term average of 0.10, meaning their price movements have been converging.

Fundamentals

Market Cap FOR : $1.44B VIRC : $95.16M
EPS FOR : $3.34 VIRC : -$0.06
PS Ratio FOR : 0.83 VIRC : 0.48
PB Ratio FOR : 0.77 VIRC : 0.93
Total Revenue (TTM) FOR : $1.72B VIRC : $196.59M
Gross Profit (TTM) FOR : $368.90M VIRC : $77.91M
EBITDA (TTM) FOR : $222.20M VIRC : $3.98M

Return for Risk

FOR vs. VIRC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FOR

FOR Risk / Return Rank: 57
FOR Sharpe Ratio Rank: 60
FOR Sortino Ratio Rank: 55
FOR Omega Ratio Rank: 52
FOR Calmar Ratio Rank: 60
FOR Martin Ratio Rank: 60

VIRC

VIRC Risk / Return Rank: 22
VIRC Sharpe Ratio Rank: 19
VIRC Sortino Ratio Rank: 19
VIRC Omega Ratio Rank: 20
VIRC Calmar Ratio Rank: 24
VIRC Martin Ratio Rank: 27

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FOR vs. VIRC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Forestar Group Inc. (FOR) and Virco Mfg. Corporation (VIRC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FOR	VIRC	Difference
Sharpe ratio: Return per unit of total volatility	0.40	-0.57	+0.97
Sortino ratio: Return per unit of downside risk	0.83	-0.63	+1.46
Omega ratio: Gain probability vs. loss probability	1.09	0.92	+0.17
Calmar ratio: Return relative to maximum drawdown	0.65	-0.55	+1.20
Martin ratio: Return relative to average drawdown	1.31	-0.83	+2.14

FOR vs. VIRC - Sharpe Ratio Comparison

The current FOR Sharpe Ratio is 0.40, which is higher than the VIRC Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of FOR and VIRC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FOR vs. VIRC - Drawdown Comparison

The maximum FOR drawdown since its inception was -89.77%, smaller than the maximum VIRC drawdown of -94.51%. Use the drawdown chart below to compare losses from any high point for FOR and VIRC.

Drawdown Indicators

	FOR	VIRC	Difference
Max Drawdown Largest peak-to-trough decline	-89.77%	-94.51%	+4.74%
Max Drawdown (1Y) Largest decline over 1 year	-20.95%	-37.64%	+16.69%
Max Drawdown (3Y) Largest decline over 3 years	-54.72%	-69.55%	+14.83%
Max Drawdown (5Y) Largest decline over 5 years	-54.72%	-69.55%	+14.83%
Max Drawdown (10Y) Largest decline over 10 years	-63.45%	-69.55%	+6.10%
Current Drawdown Current decline from peak	-30.92%	-73.61%	+42.69%
Average Drawdown Average peak-to-trough decline	-38.52%	-65.36%	+26.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.35%	24.78%	-14.43%

Volatility

FOR vs. VIRC - Volatility Comparison

Forestar Group Inc. (FOR) has a higher volatility of 9.83% compared to Virco Mfg. Corporation (VIRC) at 8.48%. This indicates that FOR's price experiences larger fluctuations and is considered to be riskier than VIRC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FOR	VIRC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.83%	8.48%	+1.35%
Volatility (6M) Calculated over the trailing 6-month period	22.91%	27.28%	-4.37%
Volatility (1Y) Calculated over the trailing 1-year period	33.83%	36.88%	-3.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.63%	53.15%	-15.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.59%	55.01%	-17.42%

Dividends

FOR vs. VIRC - Dividend Comparison

FOR has not paid dividends to shareholders, while VIRC's dividend yield for the trailing twelve months is around 1.65%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FOR Forestar Group Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIRC Virco Mfg. Corporation	1.65%	1.56%	0.88%	0.17%	0.00%	0.00%	0.00%	0.00%	1.50%	0.30%

Financials

FOR vs. VIRC - Profitability Comparison

The chart below illustrates the profitability comparison between Forestar Group Inc. and Virco Mfg. Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FOR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Forestar Group Inc. reported a gross profit of 84.10M and revenue of 407.00M. Therefore, the gross margin over that period was 20.7%.

VIRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Virco Mfg. Corporation reported a gross profit of 12.70M and revenue of 30.69M. Therefore, the gross margin over that period was 41.4%.

FOR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Forestar Group Inc. reported an operating income of 45.80M and revenue of 407.00M, resulting in an operating margin of 11.3%.

VIRC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Virco Mfg. Corporation reported an operating income of -3.66M and revenue of 30.69M, resulting in an operating margin of -11.9%.

FOR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Forestar Group Inc. reported a net income of 35.90M and revenue of 407.00M, resulting in a net margin of 8.8%.

VIRC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Virco Mfg. Corporation reported a net income of -2.78M and revenue of 30.69M, resulting in a net margin of -9.1%.

Frequently Asked Questions

Can I hold both FOR and VIRC in my portfolio?

FOR and VIRC have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FOR or VIRC?

FOR has higher volatility (9.83%) compared to VIRC (8.48%). In terms of maximum drawdown, FOR dropped -89.77% vs VIRC's -94.51%.

Which has better risk-adjusted returns?

FOR currently has the higher Sharpe Ratio (0.40 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.